Provided in the present invention is a banknote management method. The method comprises: acquiring, identifying, and processing banknote features by a banknote information processing apparatus, so as to obtain banknote feature information; transmitting the banknote feature information, service information, and information about the banknote information processing apparatus together to a main control server; and the main control server processing the received information and classifying banknotes. Also provided is a banknote management system for the banknote management method. The method of the present invention can enhance robustness of identification while maintaining an operation speed, thus ensuring accuracy and practicability in actual applications.